One year on: Economic policy under El-Sisi
President El-Sisi will be judged by his countrymen on the visible improvements in their lives that he delivers. Here's how he's done in the first year. | [AlAhram] Field Marshal Abdel-Fattah El-Sisi was sworn in as Egypt’s second-democratically elected president on 8 June 2014, less than one year after he led the popular ouster of his Islamist predecessor Mohamed Morsi.
Inheriting a legacy of long-time bureaucratic inertia, corruption, the post-2011 uprising political turmoil and security vacuum, in addition to the ongoing attacks on military and police that followed the ouster of Morsi -- all of which has taken a toll on the already fragile economy -- the soldier-turned-president vowed during his inauguration speech to boost the country’s economy through encouraging investment and achieving security and political stability.
While some economic indicators show that the government’s efforts are starting to pay off, El-Sisi himself stressed in his closing speech at the March Economic Development Conference, that the country would need "no less than 200-300 billion dollars" to rebuild itself.
Posted by: trailing wife 2015-06-21 |